Title
RESOLUTION AUTHORIZING A SECOND AMENDMENT TO A REAL ESTATE LICENSE AGREEMENT WITH UNITED STATES STEEL CORPORATION ALLOWING ACCESS TO CERTAIN CITY-OWNED PROPERTY NEAR AND ADJACENT TO THE FORMER U.S. STEEL SITE.
Body
CITY PROPOSAL:
RESOLVED, that the proper city officials are hereby authorized to execute a second amendment to a real estate license agreement, substantially the same as the agreement attached as Exhibit 1, with United States Steel Corporation to grant access to certain city-owned property near and adjacent to the old U.S. Steel plant site in the Morgan Park and Gary-New Duluth neighborhoods.
Statement of Purpose
STATEMENT OF PURPOSE: This resolution authorizes the city to enter into a second amendment to a real estate license agreement with United States Steel Corporation (“U.S. Steel”) to grant access to city-owned property in the Morgan Park and Gary-New Duluth neighborhoods near and adjacent to the old U.S. Steel plant site (the “Plant”). U.S. Steel is completing environmental restoration and recreational access improvements in the area and needs access to enter onto the City’s property to complete such work.
The original real estate license agreement was approved on August 24, 2020 under Resolution No. 20-0667 (the “License Agreement”). The first amendment to the License Agreement was approved on September 12, 2022 under Resolution No. 22-0721. This second amendment is needed to add additional city-owned property to the License Agreement. The property to be affected by the License Agreement is depicted on Exhibit A to the attached Exhibit 1.